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As-22
Accountancy
answered on 09-Oct-21 09:37
Why unamortised preliminary expense is a DTA .
latest answer
Under IT Act preliminary expenses are written over a period of 5 years i.e. only 20% of the preliminary expenses are written off every year. When company writes off more than 20% in their books, then there will be a creation of DTA as the tax liability under Income Tax would be higher than Book Profits.
Surya Prakash
CA Final
★ 19K+
1
473
carry forward
Exams
answered on 09-Oct-21 08:58
i cleared group 1 with 240 marks. will my extra 40 marks in group 1 be used as aggregate marks if i score min 40 in group 2 papers ?
latest answer
No
Logesh Warran
CA Final
★ 4K+
1
583
Tax liability is 15000rs, but they deducted rebate
Direct Taxation
answered on 09-Oct-21 09:31
Please any one explain this
latest answer
You need to calculate total income after considering exempt income
Maithri tr
CMA Inter
★ 6K+
3
639
Company account
Accountancy
answered on 09-Oct-21 10:17
How to study company accounts
latest answer
Ok bro
Ronak Kumar
CA Foundation
★ 350
5
505
Time value of money
Maths & Stats
answered on 10-Oct-21 01:12
The effective rate of interest corresponding to a nominal rate 3% p.a. payable half yearly is_____ What is the answer of this and how?
latest answer
I try it Please tally it
Rakesh Shah
CA Final
★ 5K+
2
719
Time value of money
Maths & Stats
answered on 10-Oct-21 21:25
The effective rate of interest corresponding to a nominal rate 3% p.a. payable half yearly is_____ What is the answer of this and how?
latest answer
:)
Rakesh Shah
CA Final
★ 5K+
9
783
Buyback of Shares -DEBT-EQUITY TEST .
Accountancy
answered on 09-Oct-21 09:11
i had a doubt relating to buyback , In ICAI module , ILLUSTRATION 3 of Exercise , Current Liabilities is INCLUDED as a part of DEBT in calculation OF DEBT-EQUITY RATIO TEST . Should current liability be included as a part of debt for such calculation ? Same way current maturities of long term borrowings which is a current liability has been taken as debt for calculation debt-equity ratio in illustration 12 by sir .
latest answer
Question will usually state the current portion of long term debt. Its always preferable to explain your solutions through assumptions made.
Hrishi Jain
CA Inter
★ 0
3
3K+
Law
Exams
answered on 08-Oct-21 22:43
descriptive questions must be answered by including significant point of company in law exam?
latest answer
It's also depend on comapany's information if it more then we don't need to write significant point
Rakesh Shah
CA Final
★ 5K+
3
586
Comapny act
Corporate & Other Laws
answered on 10-Oct-21 21:20
in relation to another company, means a company in which that other company has a significant influence, but which is not a subsidiary company of the company having such influence and includes a joint venture company. In such topic joint venture is necessary or not?
latest answer
I understand it thank you for your response ð???
Rakesh Shah
CA Final
★ 5K+
5
493
Company act
Corporate & Other Laws
answered on 09-Oct-21 13:10
Provided that such class or classes of holding companies as may be prescribed shall not have layers of subsidiaries beyond such numbers as may be prescribed Explain me this topic
latest answer
Company A
Rakesh Shah
CA Final
★ 5K+
5
487